331 Preston Parkway
Cambridge, ON N3H 4Z4
- 3Bedrooms
- 2Bathrooms
- 1Garage
- 1100–1500Sq Ft
- $2,877Tax
- 27×86 ftLot Size
Estimated Value:$572,750See Free Estimate Report
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About 331 Preston Parkway, Cambridge
Summarized Description
- Beautifully updated detached home in Cambridge
- Fully renovated with modern finishes throughout
- Significant mechanical upgrades for efficiency
- Move-in ready with no major work needed
- Cozy living room with gas fireplace
- Fully fenced backyard with stone patio
- Quick access to Highway 401 and amenities
- Perfect for easy living and comfort
Welcome to 331 Preston Parkway - a beautifully updated detached home in the heart of Cambridge where modern style meets true peace of mind. Thoughtfully upgraded over the past year, this home offers buyers the rare opportunity to move in knowing the major work has already been done. Step inside to a bright, fresh interior featuring BRAND-NEW VINYL PLANK FLOORING, crisp neutral paint throughout, upgraded baseboards, and a refreshed kitchen with newly painted cabinetry that blends charm with everyday functionality. The inviting living room is the perfect place to unwind, highlighted by a cozy gas fireplace and the added convenience of a smart thermostat for modern living. What truly sets this home apart are the SIGNIFICANT mechanical upgrades - including a BRAND-NEW FURNACE, NEW AIR CONDITIONER, all NEWLY INSTALLED DUCTWORK, and an UPGRADED ELECTRICAL PANEL. These big-ticket improvements provide long-term comfort, efficiency, and confidence that many homes simply can't offer. Outside, enjoy a FULLY FENCED BACKYARD with a stone-paved patio, ideal for summer barbecues, morning coffee, or quiet evenings in your own private outdoor space. Perfectly positioned for convenience, this home offers quick access to Highway 401 and is just minutes from Costco, shopping, restaurants, and everyday amenities. With modern finishes, major system upgrades, and a location that keeps everything within reach, 331 Preston Parkway is a move-in-ready home designed for easy living today and years to come.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,877
- Land Transfer Tax Fee
- $7,875
Rental Items
- Rental Equipment
- Hot water heater
- Basement Type
- Partially Finished
Interior Features
- Interior Extras
- Carpet Free
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Exterior Extras
- Patio
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Board & Batten , Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 26.92 ft
- Lot Depth
- 86.15 ft
- Lot Size
- 2238.89
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Dishwasher, Dryer, Refrigerator, Stove, Washer, Other, Negotiable
Parking & Garages
- Garage Type
- Carport
- Garage Spaces
- 1
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Dining Room—Main level
- Kitchen—Main level
- Living Room—Main level
- Bathroom—Second level
- Bedroom—Second level
- Bedroom—Second level
- Primary Bedroom—Second level
Washrooms
- 6-piece
- Municipality
- Cambridge
- Main cross streets
- King St E
- Zoning
- RS1
- Directions
- From King St E, turn onto Preston Parkway.
- MLS® number
- X12675594
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-03-15
- Listed on
- 2026-01-08
- Days on market
- 66 days
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- RE/MAX ICON REALTY
Home Market Value
Current home valuation for 331 Preston Parkway, Cambridge, , . Listed for $570,000
HOMEH Estimate
$572,750
Estimated Sales Range
$452,472 - $693,028
HOMEH Estimate for 331 Preston Parkway, Cambridge
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $70,000 over $500K
$32,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $21,500 | $15,903 | $13,566 | $0 |
=Total mortgage | $559,010 | $528,903 | $498,066 | $456,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,729monthly | $2,582monthly | $2,432monthly | $2,226monthly |
Land Transfer Tax
$7,875
$7,875
Around this home
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